Short-Term Loans and Line of Credit

Access the funds you need to grow your business and increase your financial flexibility with an operating line of credit, a bridge loan, a letter of guarantee or accounts receivable and payable financing.1

Benefits

Avoid using the working capital needed for your day-to-day business operations

Invest in new projects sooner or seize business opportunities

Accounts receivable and accounts payable monetization1

Accounts receivable monetization allows you to leverage your receivables to obtain more credit and improve your working capital.

Accounts payable monetization allows you to obtain longer payment terms for your purchases and negotiate early payment discounts with your suppliers. Your suppliers will be paid by National Bank as per your instructions.

Letter of guarantee1

Guarantees that the Bank will pay an amount to a designated beneficiary (client, supplier, regulatory agency or other business partner), upon request and according to the conditions set out in the letter, should you or a third party fail to meet your contractual obligations to that beneficiary.